Kesko and Tieto strengthen partnership to drive efficiency through modernized IT and to develop digital services and customer experience further

Kesko and Tieto have signed a significant agreement whereby Tieto will modernize a large part of Kesko’s application and infrastructure services. The aim is to accommodate Kesko’s strategic priorities for growth and efficiency.  

The five-year contract has a substantial contract value and is a continuation of the long-term relationship between the companies. The partnership will accelerate the development of new digital services and customer experience, and additionally it is built to secure business continuity and drive cost savings through modernized IT.

The contract covers a wide range of services, including application management of Kesko’s business critical applications, business integration and project services, lifecycle management of SAP applications, end-user services and infrastructure services.  

“Tieto was chosen from 20 leading IT services companies. They were able to best accommodate our strategic priorities of growth investments into new technologies and competences, as well as efficiency and quality of continuous services”, says Arto Hiltunen, CIO, Kesko.

“We are very proud to continue building upon our long relationship with Kesko. As their partner for modernizing IT services, I look forward to continuing our common mission to accelerate innovation and business renewal,” says Satu Kiiskinen, Executive Vice President, Industrial and Consumer Services, Tieto. 

For further information, please contact:
Satu Kiiskinen, Executive Vice President, tel. +358 2072 71828, +358 50 506 3757, satu.kiiskinen[at]tieto.com

Investors:
Lasse Heinonen, CFO, tel. +358 2072 66329, +358 50 393 4950, lasse.heinonen(at)tieto.com 

Media:
Kia Haring, Head of Global Communications, tel. +358 40 765 3700, kia.haring(at)tieto.com 

Kesko: Arto Hiltunen, CIO, Kesko Oyj, tel. +358 10 53 22191

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. 

Headquartered in Finland, Tieto has over 13 000 experts in close to 20 countries. Tieto’s turnover is approximately EUR 1.5 billion and shares listed on NASDAQ in Helsinki and Stockholm. www.tieto.com 

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2015, Kesko's net sales totalled €8.7 billion and it employed nearly 20,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Poland, Russia and Belarus. Kesko's shares are listed on Nasdaq Helsinki. The company's domicile and main premises are in Helsinki. www.kesko.fi